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Shale oil production plant

Enefit has signed an Oil Shale Surface Retort Concession Agreement (SRCA) with the Government of Jordan, giving it exploration and production rights for 40 years (plus an additional 10 years if required) for approximately 3.5 billion tonnes of oil shale. Enefit has performed and presented a comprehensive feasibility study for using Jordanian oil shale for the production of synthetic crude oil.

The shale oil production plant will have a capacity of approximately 40,000 barrels of daily output covering 40% of Jordan's current daily energy.

The shale oil project is developed in partnership with the Malaysian YTL Power International Berhad and the Jordanian Near East Investment Company.